Hot

This IGA supermarket for sale is brilliantly located close to the CBD.  It’s therefore the convenient “corner shop” for hundreds of unit dwellers.

Recently refurbished, its turnover per square metre is well above average. Even fully managed, it produces strong financial returns.

An inspection will impress…

This part of central Brisbane has seen explosive population growth in the last few years.  And, as cranes continue to reshape the inner urban skyline with new apartment buildings, that’s not going to change.  Which means more and more potential customers for this already vibrant IGA supermarket.

Key features of the business:

·       Open 7 days, 6 am – 10 pm

·       Strong community support

·       Key staff in place

·       Fully managed

·       High-quality fittings throughout, and

·       Recently refurbished.

Snapshot of the business:

·       Weekly average sales of >$115,000

·       High gross profit of 35%

·       Store size of 558 m²

·       Long lease with 2 x 5 year options

·       Monthly rent of $22,333 + GST, and

·       Adjusted Net Profit of >$620,000 in FY22.

Everything’s in place.  The secure, long lease and fully managed operation will reward you handsomely for many years to come.

An inspection will impress. 

So get in touch with the exclusive broker.  Under confidentiality, he’ll be pleased to provide further information about this vibrant IGA supermarket.

FOR SALE:  $2,600,000 + SAV

Contact the exclusive broker:

Mathew Hartley

Supermarket Specialist

Benchmark Business Sales and Valuations

M:        0400 412 593

T:         1300 366 521

E:         mathew@benchmarkbusiness.com.au

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au

and use the reference: bus4375 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.

Benchmark Business Sales and Valuations

Business Categories: Retail, Supermarket, Food


Submit Confidentiality
Agreement

     Status
Hot

     ROI
24%

     Annual Revenue
$6,000,000.00

     Listing Price
$2,600,000

     Location
QLD

     Industry
Supermarket

     Earning Type
EBITDA

     Years Trading
n/a

     Stock Level
$400,000.00

     Reference Number
bus4375





Mathew Hartley

Business Broker

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